Japan’s war on deflation hits bargain-hunting wall

The war against deflation in Japan will start with a battle for the pocketbooks of recession-hardened consumers like Kumiko Kuramochi.

The Liberal Democratic Party, which stormed to an election victory on Sunday, hopes to persuade Kuramochi and other Japanese that an aggressive monetary policy is going to fire up inflation. The message: buy now before prices start rising again.

via Business feed http://www.scmp.com/business/economy/article/1107294/japans-war-deflation-hits-bargain-hunting-wall